The Industrial Rectifiers market was valued at 550 Million US$ in 2017 and is projected to reach 760 Million US$ by 2025, at a CAGR of 4.0% during the forecast period
Los Angeles, CA -- (SBWIRE) -- 09/19/2018 -- This study focuses on the production side and consumption side of Industrial Rectifiers, presents the global Industrial Rectifiers market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Industrial Rectifiers capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Industrial Rectifiers by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A rectifier is an electrical device that converts alternating current (AC), which periodically reverses direction, to direct current (DC), which flows in only one direction.
In the coming years there is an increasing demand for Industrial Rectifiers in the regions of United States and Europe that is expected to drive the market for more advanced Industrial Rectifiers. Growth in government budgets in the principal countries, increasing of Smelting Industry expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Industrial Rectifiers will drive growth in United States and Europe markets.
Globally, the Industrial Rectifiers industry market is low concentrated as the manufacturing technology of Industrial Rectifiers is relatively matures than some high-tech equipment. And some enterprises, like ABB, Siemens, AEG Power Solutions, etc. are well-known for the wonderful performance of their Industrial Rectifiers and related services. At the same time, Asia-Pacific, occupied 49.25% sales market share in 2017 is remarkable in the global Industrial Rectifiers industry because of their lowest cost of raw material and labor.
The consumption volume of Industrial Rectifiers is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Industrial Rectifiers industry may not keep that fast. But it is surely forecasted that the market of Industrial Rectifiers is still promising.
The Industrial Rectifiers market was valued at 550 Million US$ in 2017 and is projected to reach 760 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Rectifiers.
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This report includes the following manufacturers; we can also add the other companies as you want.
ABB
Siemens
AEG Power Solutions
Dawonsys
Powercon
Raychem RPG
Spang Power Electronics
Neeltran
Xi'an Zhongkai Power Rectifier
Controlled Power
GERE
Fuji Electric
DongAh
PNE SOLUTION
Market Segment by Product Type
LCR
MCR
HCR
Market Segment by Application
Smelting Industry
Chemical Industry
Transportation
Others
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